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in the next hour and a half, president obama will continue the great reasonableness tour of 2012. visiting a middle class family in northern virginia with the aim of putting more pressure on congress to extend middle income tax cuts. majority leader harry reid did his part for the cause on the senate floor today. >> so it's apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle class families wait for relief and how long will he force the financial markets to wait for uncertainty. >> joining the panel now, the sage of capitol hill, the seasonally elegant luke russert. >> thank you so much for having me. >> you get a special intro when you arrive on set a little late. thrilled to have you here, with ongoing deliberation on capitol hill, you are the eyes. >> eyes and ears hopefully. yet i'm here, congress is recessed this week. >> always a reason, my friend. the fact that tim geithner came out and said, we will go over this cliff, is somewhat counter to what the president has been saying thus far. you couple that and the re
in the next hour and a half, president obama will continue the great reasonableness tour of 2012. visiting a middle class family in northern virginia with the aim of putting more pressure on congress to extend middle income tax cuts. majority leader harry reid did his part for the cause on the senate floor today. >> so it's apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle class families wait for relief and how long will he...
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$250,000. >> do you support obama having the power to increase the debt limit? >> can you clarify something? when he talk about trillions of dollars in cuts [indiscernible] >> in the budget control act, it calls for over $1 trillion in cuts. >> the president opposed to propose of wedlock in a certain amount for entitlement programs. do democrats support that? >> first of all, we do democrats, saw savings in medicare of over $700 billion and affordable care act. we use that money to strengthen medicare and extend its life for almost a decade and to increase benefits for seniors now. is there more opportunity for that? yes. but not at the expense of an official years. there have been all kinds of -- but not at the expense of beneficiaries. >> st. mary's hospital is a catholic institution in san francisco. should they be required to adjust to this new health plan? >> the compromise is a reasonable one. >> madame leader? >> yes. >> would you support that if it is part of the package? >> i want the middle class to get a break. i would hope we could get the middle inc
$250,000. >> do you support obama having the power to increase the debt limit? >> can you clarify something? when he talk about trillions of dollars in cuts [indiscernible] >> in the budget control act, it calls for over $1 trillion in cuts. >> the president opposed to propose of wedlock in a certain amount for entitlement programs. do democrats support that? >> first of all, we do democrats, saw savings in medicare of over $700 billion and affordable care act. we...
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president obama rejected the latest proposal from john boehner. the president and the democrats are focused on revenue and they are determined to make sure that the top tax rates go up. >> unfortunately, the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> harry reid wasted no time explaining why the boehner proposal is not serious. >> math. you can't get from here to there unless you raise the rates. that's why romney couldn't explain it during the presidential election. no one can explain it because you can't do it. >> jay carney says the speaker's plans raises more questions than answers. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> john boehner's heavy-handed approach to leadership, boehner and the republican steering committee kicked four republican congressmen out of the
president obama rejected the latest proposal from john boehner. the president and the democrats are focused on revenue and they are determined to make sure that the top tax rates go up. >> unfortunately, the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> harry reid wasted no time explaining why the boehner proposal is...
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bottom line, they're going to have to get together, john boehner and president obama and work this out together. that's the only way, craig. >> mike viqueira i love us when y you. >>> republicans want specific cuts laid out in exchange for tax increases. today's "wall street journal" features an interview with mitch mcconnell providing some fresh clearly on a plan that he would like to see emerge telling the paper that he'd agree to hire medicare premiums for the wealthy and increase in the medicare eligibility age and slowing costs of living increases for social security. let's dig in now with molly ball, national political reporter for "atlantic" and also lynn sweet, washington bureau chief of "chicago sun-times." ladies, good afternoon. >> hello to you. >> molly, senator dick durbin saying right here on tuesday on "morning joe" that he could see $400 billion, at least $400 billion in entitlement cuts. is that going to be as hard of a sell to the left as raising rates will be to the right? >> in a word, yes. there are a lot of democratic groups right now really pushing for no changes
bottom line, they're going to have to get together, john boehner and president obama and work this out together. that's the only way, craig. >> mike viqueira i love us when y you. >>> republicans want specific cuts laid out in exchange for tax increases. today's "wall street journal" features an interview with mitch mcconnell providing some fresh clearly on a plan that he would like to see emerge telling the paper that he'd agree to hire medicare premiums for the...
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mantra and demonization of obama that won't work anymore. >> we all remember mr. romney's explanation for why he lost. you know, you can't beat free stuff was his excuse in a nutshell. mr. stevens was asked about those comments this morning. take a listen, bob. >> we have the governor speaking about the fact that the obama campaign paid its voters and certainly its lower income voters. that seems to me a bit sour grapes. >> i don't think that's what he was saying. they had certain groups they wanted to do well with, and they did well with. >> but where is theed a admissi from mr. romney or mr. stevens or republican that they many a nasty, mean-spirited campaign that deserved the thumping it received? >> you're not going to get that and, you know, i have met stuart. he's not a friend of mine, but you read the piece he wrote in "the washington post," you listen to what he said, you say no wonder romney make. the arguments he's making are fantasy and they're pernicious. he says crazy things like no one in washington, in the washington green room, ever thought mitt ro
mantra and demonization of obama that won't work anymore. >> we all remember mr. romney's explanation for why he lost. you know, you can't beat free stuff was his excuse in a nutshell. mr. stevens was asked about those comments this morning. take a listen, bob. >> we have the governor speaking about the fact that the obama campaign paid its voters and certainly its lower income voters. that seems to me a bit sour grapes. >> i don't think that's what he was saying. they had...
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so what the gop wants is for obama to propose the medicare cuts for them. they want him to take the heat. democrats find this ridiculous, i think is the right word. given that the obama administration would happily raise taxes without cutting medicare but republicans will only raise taxes if we cut medicare. obama won't negotiate on his own and republicans are now scared to negotiate with him. joining me now is jared bernstein from budget and policy priority. great blogger. former chief economist for vice president joe biden. good to see you. thank you for being here on a friday. >> can't think after better way to start my weekend than talking fiscal cliff to you. >> means a lot to me. >> i know. >> the daily beast said obama just got re-elected. it is a classic time for magnonimity. which i think i just mispronounced. do you think obama has a hard line at the wrong time? >>. if sullivan means that obama should negotiate with himself, which you point out, hasn't worked for him before, and b, isn't the way it move forward once you won an election with the wh
so what the gop wants is for obama to propose the medicare cuts for them. they want him to take the heat. democrats find this ridiculous, i think is the right word. given that the obama administration would happily raise taxes without cutting medicare but republicans will only raise taxes if we cut medicare. obama won't negotiate on his own and republicans are now scared to negotiate with him. joining me now is jared bernstein from budget and policy priority. great blogger. former chief...
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no spending cuts. spending cuts are delayed. forward. 10 to 15 years down the road. hope congress decides to -- >> andrea: he will be long gone. obama will be long gone. >> bob: you are saying -- geithner says $1.6 trillion? >> eric: it comes from tax increases. >> bob: on who? you're saying go over the cliff? >> andrea: i think the republicans step back and let the party crash the family car. then we can say well, you voted for it. you have wanted it. >> bob: we had an election and you lost. >> dana: but just because somebody else wins an election that doesn't mean you should violate the principles. let them lead. >> bob: i don't understand the principle of maintaining the tax rate on people. >> dana: gosh. >> bob: you know last year, the number of people in the top five%, the salaries are way up on the top. hedge fund who don't get anybody employed. rip off artist on wall street. rest of the people employed -- >> eric: you agree to get something done so we don't go off the fiscal cliff and sequestration to get kick in? genuine in negotiating and get a deal. >> andr
no spending cuts. spending cuts are delayed. forward. 10 to 15 years down the road. hope congress decides to -- >> andrea: he will be long gone. obama will be long gone. >> bob: you are saying -- geithner says $1.6 trillion? >> eric: it comes from tax increases. >> bob: on who? you're saying go over the cliff? >> andrea: i think the republicans step back and let the party crash the family car. then we can say well, you voted for it. you have wanted it. >>...
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dick says that president obama has proposed $4 billion in spending cuts. possibly medicare savings at some point. that was in his budget he proposed but didn't get any support from even some democrats in the senate. but i don't know where the extra money comes from. what are your thoughts about the 400 billion that the president proposed? >> the 400 billion is a constant moving target. the president hasn't nailed down where this money is going to come from for sure. but remember what he told republicans last week? you make the decision on taxes for us and then we will talk about spending in january. it's his way or the highway. the president has done more negotiating a bookstore here in washington, and bite enact hostility virginia, that he is done up done up on the hill. he really wants to make a bargain for the american people, don't look for bargains for yourself. get up to the hill, cobble leaders to the white house. the president had one meeting and promised a meeting that never occurred. if the president was serious about this crisis, which everyone
dick says that president obama has proposed $4 billion in spending cuts. possibly medicare savings at some point. that was in his budget he proposed but didn't get any support from even some democrats in the senate. but i don't know where the extra money comes from. what are your thoughts about the 400 billion that the president proposed? >> the 400 billion is a constant moving target. the president hasn't nailed down where this money is going to come from for sure. but remember what he...
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seth, president obama's plan is advocating tax increases but almost no net spending cuts. how do you resolve this crisis without cutting spending significantly? >> well, i don't think that's true at all. there's substantial spending cuts. i mean, first of all, we've already cut spending by $1.5 trillion as part of the first part of this deficit reduction framework. also in his offer is another $400 billion in cuts, targeted cuts to health care programs. i really think that we shouldn't, like you said, take the knife to fundamental programs like medicare and social security. the president's plan is the plan he presented to the american people and won the election on. certainly, the plans they would cut or fundamentally restructure medicare, those proposals -- >> i don't think that's what we're talking about, seth. >> does that do anything to the debt? >> that's a great question, maria. that's the biggest challenge with this proposal that the president put out. he's actually talking about new spending. additional payroll benefits, additional unemployment benefits. his very p
seth, president obama's plan is advocating tax increases but almost no net spending cuts. how do you resolve this crisis without cutting spending significantly? >> well, i don't think that's true at all. there's substantial spending cuts. i mean, first of all, we've already cut spending by $1.5 trillion as part of the first part of this deficit reduction framework. also in his offer is another $400 billion in cuts, targeted cuts to health care programs. i really think that we shouldn't,...
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. >> obama came to the table with 1.6 trillion in tax increases and no spending cuts. he seems very confident he can bum rush them into a bad deal. i think that's because there's a sense out there, probably from the last two times these guys tangled, that the republicans are unwilling to in this case to allow themselves to go over the cliff. if you're in a negotiation where your opponent knows that you're unwilling to have that kind of aout come then they've got you right where they want you. i feel like obama thinks he's got the republicans right where he wants them. >> senator hutchson, the republicans were on the short end of the election to be sure. the point i'm making, your leader, senator mcconnell, came out with a pretty good reform planned to regarding medicare for example. i thought that was a very sensible entitlement reform. then he said we can talk revenues. why can't the gop go down that road, get house speaker boehner on there and see how white house reacts to this? >> i think mitch is doing that. as you know, i have a social security reform proposal tha
. >> obama came to the table with 1.6 trillion in tax increases and no spending cuts. he seems very confident he can bum rush them into a bad deal. i think that's because there's a sense out there, probably from the last two times these guys tangled, that the republicans are unwilling to in this case to allow themselves to go over the cliff. if you're in a negotiation where your opponent knows that you're unwilling to have that kind of aout come then they've got you right where they want...
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the $400 billion on the table with obama care or with medicare that the republicans deny cuts. who is telling the truth here? >> well, the real issue is whether you're cutting things to beneficiaries or using those cuts to really transform the system to make it more modern. and i think as they did in the campaign, they are trying to say this will harm beneficiaries. but you can make cuts without harming beneficiaries. we released a report where we had $385 million in cuts to medicare and without taking it out of beneficiaries. . >> so this is a valid proposal of savings of $400 billion, but republicans deny that. >> the president has put on a bold proposal. the important thing i would say is, there's one way of cutting. you just whack the system. take money out. make what you pay the doctors or hospitals less. but the real interesting and important thing is to try to transform the system going forward so that we're not spending increases well beyond inflation or the growth in gdp. that's going to be the key. >> so part of the transformation here would be to allow medicare to ne
the $400 billion on the table with obama care or with medicare that the republicans deny cuts. who is telling the truth here? >> well, the real issue is whether you're cutting things to beneficiaries or using those cuts to really transform the system to make it more modern. and i think as they did in the campaign, they are trying to say this will harm beneficiaries. but you can make cuts without harming beneficiaries. we released a report where we had $385 million in cuts to medicare and...
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isn't it similar, obama demonizing pay your fair share, pay a little more? >> the only reason he got elected is because people believe this. this is the point. it's easy to laugh at the idea that tax cuts make people rich. that's ludicrous. you would have to know nothing about economics to believe something that stupid, but here's the point. a lot of people do, and they do because of material like this. the fact that it's again produced by teachers, the very people we depend upon to educate our kids is horrifying. >> what is the difference between what the president is doing now in this fiscal cliff debate, what he did during the campaign, demonizing bain capital, evil mitt romney, etc., and what this is doing? i'm joking when i say i feel like going out and beating up a rich person. i can understand yeah, those people are horrible and evil. >> it's a zero sum game, and my gain is your loss. i got rich because you are poor. that's exactly what he's saying. >> we could have a really interesting conversation about the distribution of wealth, but he is spouting
isn't it similar, obama demonizing pay your fair share, pay a little more? >> the only reason he got elected is because people believe this. this is the point. it's easy to laugh at the idea that tax cuts make people rich. that's ludicrous. you would have to know nothing about economics to believe something that stupid, but here's the point. a lot of people do, and they do because of material like this. the fact that it's again produced by teachers, the very people we depend upon to...
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the wealthiest 2% ought to pay more and 98% ought to get tax cuts, what president obama has proposed. this is not rocket science, not complicated. boehner, lead or resign. >> this is "the bill press show." ed is calling from frederick maryland. what do you say, ed? >> caller: good morning. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [ music ] >> coming to you live at current.com/billpress. this is "the bill press show," live on your radio and current tv. >> you've got it 33 minutes after the hour now. here we go with the "full-court press." this monday morning, december 3rd, coming to you live from our nation's capitol brought to you today by the communication workers of america, good men and woman of t
the wealthiest 2% ought to pay more and 98% ought to get tax cuts, what president obama has proposed. this is not rocket science, not complicated. boehner, lead or resign. >> this is "the bill press show." ed is calling from frederick maryland. what do you say, ed? >> caller: good morning. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or...
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was talked about obama was going to cut $716 billion so now we're in a situation where nobody wants his or her fingerprints on the medicare cuts. >> uh-huh. >> okay. the medicare cuts, i can assure you, and this is going to upset a lot of people, will appear in the negotiations. they will be-- paternity will be denied but they will miraculously appear. and i think we've got to outline what will go ahead with the deal. >> who is playing what hand, who is playing from strength here at this point. >> on this the president has the strength. no he request. first he won the election. second the polling shows that people are more likely to blame the republicans. third, if you look at the way the rules of the fiscal cliff are structured, the republicans lose big. the cuts, the sequestration, the cuts come out of defense disproportionately so they come out of republicans, so a lot of republicans said this is not a great place to wage this fight. we would rather not fight here. >> what do you think about mark's point about, his coming on-- you are he assaying he's got a strong hand but he cam
was talked about obama was going to cut $716 billion so now we're in a situation where nobody wants his or her fingerprints on the medicare cuts. >> uh-huh. >> okay. the medicare cuts, i can assure you, and this is going to upset a lot of people, will appear in the negotiations. they will be-- paternity will be denied but they will miraculously appear. and i think we've got to outline what will go ahead with the deal. >> who is playing what hand, who is playing from strength...
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you were there when i met obama and i told president obama you told us you were going to cut the red tape. i told him, the middle class is getting the royal finger. what did he said? fema works for me. they ain't doing nothing still going in a circle, denied, denied. >> sean: heartbreaking. what president obama, mayor bloomberg and governor cuomo run around patting each other on the back, these people are suffering, no one from the federal, state or local government seems to care. president obama showed a lot of concern for the victims before election day. where is the concern from the administration now? we continue with speaker gingrich. some people still don't have power. a lot of people lost their home, everything. so many people have been conditioned mr. speaker to put their faith, their hope, their trust in government. can we learn anything from here? >> you can learn two things. first of all, if the federal government can't do any better than this with sandy what is it going to do with obamacare? how comfortable are you that the same bureaucracy that can't deliver help in stat
you were there when i met obama and i told president obama you told us you were going to cut the red tape. i told him, the middle class is getting the royal finger. what did he said? fema works for me. they ain't doing nothing still going in a circle, denied, denied. >> sean: heartbreaking. what president obama, mayor bloomberg and governor cuomo run around patting each other on the back, these people are suffering, no one from the federal, state or local government seems to care....
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republicans offered president obama a proposal that retained the bush tax cuts for the wealthy, and now they say the ball is in the president's court. >> this week we made a good faith offer to avert the fiscal crisis. now we need a response from the white house. we can't sit here and negotiate with ourselves. >> both sides promise to cut trillions from government spending over the next decade, but the republicans insist they can do it without raising taxes on the rich. president obama insists that's a nonstarter. he shared his message with rich folks at the business round table. he told them they could handle paying more in taxes. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that will affect your spending, your lifestyles, or the economy in any significant way. >> business round table is a lobby group made up of some of the country's biggest ceos, ceos of some of the country's bigg gt companies. if you don't know what the fiscal cliff is, you've probably been living under a rock. i found this explanation. this is mr. burns from
republicans offered president obama a proposal that retained the bush tax cuts for the wealthy, and now they say the ball is in the president's court. >> this week we made a good faith offer to avert the fiscal crisis. now we need a response from the white house. we can't sit here and negotiate with ourselves. >> both sides promise to cut trillions from government spending over the next decade, but the republicans insist they can do it without raising taxes on the rich. president...
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, albeit disproportionately to defense spending but it's better than accepting obama's terms crammed down our throat. boehner needs to paint obama as the one who is holding the country hostage. he wants to talk about holding the middle class hostage? no it's him holding the entire country hostage and our kids hostage, with his krin call refuse ool to enter the entitlement reform game. >> wow, he is really bad. >> stephanie: yeah i can see why he didn't get the radio show. >> sheky. >> stephanie: that was so merrill osmond. >> merrill was kind of the leader. >> stephanie: i dove donnie. steve doocy. >> europe is great because they have wonderful food and runny cheeses, but we shouldn't base our policies on theirs because they are stinkers. >> we should base it on singapore where they have no unemployment, and they have a competitive market. that protects workers. >> stephanie: we should be like singapore? >> oh my god. holy crap. he is a bigger idiot than i thought. he is not even trying to hide what a douche bag he is. >> stephanie: okay. bill o'reilly. really? is this his whole dece
, albeit disproportionately to defense spending but it's better than accepting obama's terms crammed down our throat. boehner needs to paint obama as the one who is holding the country hostage. he wants to talk about holding the middle class hostage? no it's him holding the entire country hostage and our kids hostage, with his krin call refuse ool to enter the entitlement reform game. >> wow, he is really bad. >> stephanie: yeah i can see why he didn't get the radio show. >>...
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that would let president obama pocket $1 trillion in tax revenue and secure a win on his key priority in the talks. but they would do nothing else. at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic policy institute, extending the middle class tax cuts would wipe out only about 11% of the austerity's economic impact. 11%. but all that other stuff, the payroll tax cut, the unemployment insurance, the sequester, all that, that would still be expiring. so come early next year, the economy would likely be entering an austerity-induced recession. markets would be convulsing as they realize our austerity crisis is about to become also a default crisis. and so the economy, as a whole, is going to be going nuts. poll after poll already shows republicans are receiving more blame for the potential failure of the debt talks. and after telling the press they're going to make a strategic decision to use a debt ceiling as more and more dangerous leverage, they're lik
that would let president obama pocket $1 trillion in tax revenue and secure a win on his key priority in the talks. but they would do nothing else. at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic policy institute, extending the middle class tax cuts would wipe out only about 11% of the austerity's economic impact. 11%. but all that other stuff, the payroll tax...
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that would extend the tax cuts for the middle class. that means the middle class can go out and do christmas shopping and buy thing for their families because they would know that their tacks are not going up. it's being held hostage by the house of representatives. that would be the best thing that we can do right now. >> now, if they, in fact, allow the tax cut across the board and then come back in, i understand that some are saying that it's better to have no deal than to have a bad deal. where do you stand on that, senator harkin. >> better noç deal than a bad deal. >> what do you mean by that? >> to make the elderly pay more on their deductibles or co-pays and to mess around with cost of living adjustment on social security, that's a bad deal. that shouldn't even be part of the discussion. if that's where they are headed, i say no deal. we'll discuss that later on. the most important thing right now is just to have the house pass the tax cut for the middle class. that would be the best single thing that we can do right now. but
that would extend the tax cuts for the middle class. that means the middle class can go out and do christmas shopping and buy thing for their families because they would know that their tacks are not going up. it's being held hostage by the house of representatives. that would be the best thing that we can do right now. >> now, if they, in fact, allow the tax cut across the board and then come back in, i understand that some are saying that it's better to have no deal than to have a bad...
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obama did not be hoover. therefore the democrats cannot let all the tax cuts expire without a good deal. unfortunately the cliff talks have charities frightening. they're worried the deduction will be slashed. ivity a contrarian view about this that is going to surprise you on the charitable deductions. and if she wasn't already in enough hot water over the benghazi mess, there's a just breaking report out tonight u.n. ambassador susan rice has heavy jeismts in energy companies known for doing business with iran. and that is illegal. first up, breaking news on the fiscal cliff front tonight, president obama offered his opening bid in budget talks with republicans, and we have eamon javers with all the details. good even, eamon. >> house republican aides are saying this was a new offer from temperature think geithner on capitol hill for a long series of meegts. there were varying report of whether or not he had made a specific new offer. in fact harry reid told me that he hadn't made a specific new offer. that
obama did not be hoover. therefore the democrats cannot let all the tax cuts expire without a good deal. unfortunately the cliff talks have charities frightening. they're worried the deduction will be slashed. ivity a contrarian view about this that is going to surprise you on the charitable deductions. and if she wasn't already in enough hot water over the benghazi mess, there's a just breaking report out tonight u.n. ambassador susan rice has heavy jeismts in energy companies known for doing...
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obama first time around caved and his base never for gave him for extending the bush tax cuts when he said he wouldn't. >> maybe the republicans should be reconsidering the tough line that they drew back in july of 2011 because this is a situation where i think it was kennedy who always said don't let the perfect be the enemy of the good. they were in a much better bargaining position then than they are how. that's when 3 to 1 was still on the table. >> you can't get through it house. >> yes, but the conversation has changed. and you hear republicans who have even changed. >> one guy, cole. ron johnson will tell you it has not moved. >> there are a lot of republicans signaling, yes, they think the highest income rate will go up. >> but if you can't get through the house -- a lot of people now that think and i heard it the other night that if you give the deductions now, that they'll just do rates next year. so you might as well give rates now. >> although maybe buffett was right when he talked to us yesterday and said you can have some sort of agreement that looks reasonable for the m
obama first time around caved and his base never for gave him for extending the bush tax cuts when he said he wouldn't. >> maybe the republicans should be reconsidering the tough line that they drew back in july of 2011 because this is a situation where i think it was kennedy who always said don't let the perfect be the enemy of the good. they were in a much better bargaining position then than they are how. that's when 3 to 1 was still on the table. >> you can't get through it...
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Nov 30, 2012
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to medicare in obama care, i don't think that romney ever really sold to the public significant cuts, significant changes to the medicare program. so republicans in the abstract want this. i feel like they haven't spelled out the painful cuts they're putting on the table and part of what obama is trying to do is force them to do that. >> yes. because he himself has not made any mention of it and, you know, david gregory this morning on "morning joe" saying it's going to be painful for both sides. the president trying to outsource that, pardon the use of a loaded term, to the gop, joy. >> nobody wants to talk about what they want to cut. that's the thing in washington. why you don't see the budget shrink. talking about cuts means school lunches or cut medicare. when romney andline talked about cutting medicare they had this carve out for people over 55. they said don't worry, you won't have to feel any pain. that's not even on the table. they lost with that proposition and republicans are saying look we've got to go back and admit to our wealthy donors we lost on the issue of upper in
to medicare in obama care, i don't think that romney ever really sold to the public significant cuts, significant changes to the medicare program. so republicans in the abstract want this. i feel like they haven't spelled out the painful cuts they're putting on the table and part of what obama is trying to do is force them to do that. >> yes. because he himself has not made any mention of it and, you know, david gregory this morning on "morning joe" saying it's going to be...
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Nov 30, 2012
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i heard president obama is making cuts to medicare if his plan goes through. he wants to cut $400 billion in entitlements. i collect ssdi. i am disabled. these $40 billion cuts in entitlements, are they going to affect ssi, ssdi? guest: we do not know what the administration is talking about yet. that offer came from the administration on the hill yesterday. it was not specific. $400 billion is what we are looking at in entitlement savings and we're not sure if it is ssdi or how beneficiaries would be affected. host: children make up a lot of these credits. which of these are affected by the amount of children you have? guest: some of them do matter. the eitc, there was a law that allowed you to climate for more than three children. that could go away by the end of the year. host: the earned income tax credit specifically. mary from kentucky on the republican line. caller: good morning. we are small business owners. with many of these taxes going up and there are proposals in kentucky to raise some of our state taxes because we have deficits and pension obliga
i heard president obama is making cuts to medicare if his plan goes through. he wants to cut $400 billion in entitlements. i collect ssdi. i am disabled. these $40 billion cuts in entitlements, are they going to affect ssi, ssdi? guest: we do not know what the administration is talking about yet. that offer came from the administration on the hill yesterday. it was not specific. $400 billion is what we are looking at in entitlement savings and we're not sure if it is ssdi or how beneficiaries...
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Dec 1, 2012
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he wants to terminate the procedure that allows members to filibuster the motion to proceed to cut the so-called talking filibuster. he wants to do so in the way he wants to do so he would have to break the rules committee changed the rules. he would have to use what we've been discussing, when the majority leader forces the rules of the simple majority vote. putting the substance of the changes were talking about aside, it's important to note the senate's rules have never been changed while following the rules -- i'm sorry, without following regular order, without following the rules. there've been changes to precedent interpretation of rules as simple majority coming at the rules have never ever been changed. if you look back to the 1979 senate, majority deeper robert c. byrd at that time did he use the nuclear option to change the debate and nature of the debate when debating executive nominations. but that is a change of president that the change has on transit has changed the rules for breaking rules. the senate and house the right to set its own rules good according to several fi
he wants to terminate the procedure that allows members to filibuster the motion to proceed to cut the so-called talking filibuster. he wants to do so in the way he wants to do so he would have to break the rules committee changed the rules. he would have to use what we've been discussing, when the majority leader forces the rules of the simple majority vote. putting the substance of the changes were talking about aside, it's important to note the senate's rules have never been changed while...
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Nov 29, 2012
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. >> president obama urged college -- urge congress to extend tax cuts. he spoke at the eisenhower executive office building for about 10 minutes. it travels to pennsylvania later this week to talk about taxes and the economy. >> thank you very much. everybody please have a seat -- except you guys. [laughter] good morning, everybody. there has been a lot of talk here in washington about the deadlines we are facing on taxes and deficits. these deadlines are going to be coming up very soon in the coming weeks. but today's important because i want to make sure everybody understands that this is not just about numbers. it is a set of major decisions that are going to expect millions of families all across this country in very significant ways, and their voices, the voices of the american people, have to be part of this debate. so i asked some friends of mine to join me, some folks from here in the area. our ultimate goal is an agreement that gets our long term deficit under control in a way that is fair and balanced. that kind of agreement would be good for o
. >> president obama urged college -- urge congress to extend tax cuts. he spoke at the eisenhower executive office building for about 10 minutes. it travels to pennsylvania later this week to talk about taxes and the economy. >> thank you very much. everybody please have a seat -- except you guys. [laughter] good morning, everybody. there has been a lot of talk here in washington about the deadlines we are facing on taxes and deficits. these deadlines are going to be coming up very...
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Dec 7, 2012
12/12
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that president obama has laid out or more entitlement cuts, but something. i think john boehner has to go back to his members and say look, president obama won the election, polling suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news for everyone. it's a good number, down to 7.7%, unemployment, 146,000 new jobs added but the downside is that fewer people were in the labor force a lot fewer, because people gave up on even trying. >> i think this is one of the more provocative questions and get to it on sunday, which is, are we too focused on the debt. are we not focused enough on what the government can be doing to try to spur job growth? beyond just -- >> there was a stimulus piece in the offer from the white house that was laughed at by the -- >> laughed at but could end up surviving. one of the things a
that president obama has laid out or more entitlement cuts, but something. i think john boehner has to go back to his members and say look, president obama won the election, polling suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news...
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Dec 6, 2012
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then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by making more cuts and the only people it is going to hurt is the working class and somewhat of the middle-class. he should mention the fact that out of control spending has a lot to do with the credit card crunch. specifically because of the middle-class. i think if we get those tax cuts centered with them, i do not think the poll would be affected. you have these small companies that are developing, and he is saying have those small companies hire more people and get them involved, but come consumer expenditures. that is partially i think a solution. host: you are calling on the republican line and you think hillary clinton would make a good candidate. would you vote for her in 2016? caller: i think she would be a very vital aspect to the political process. as far as her running for president, 2016 -- god knows what may happen from this point to that point. as far as her role as a democrat, i think by working along with the republicans, she would make a difference. ho
then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by making more cuts and the only people it is going to hurt is the working class and somewhat of the middle-class. he should mention the fact that out of control spending has a lot to do with the credit card crunch. specifically because of the middle-class. i think if we get those tax cuts centered with them, i do not think the poll would be affected. you have these small companies...
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Dec 3, 2012
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the republican house leader wants $2.2 trillion in spending cuts. and how would he do it? republicans refuse to raise taxes on the rich. unbelievable. instead, they want to slash billions from health care, raise the medicare eligibility age and hack away billions from entitlement programs. these are their great compromises? doesn't seem like they've learned much from the election, which they lost. joining me now is senator bernie sanders, independent from vermont. senator, thank you for being here tonight. >> my pleasure. >> what's your reaction to the republican counteroffer? >> not only is what they are absurding absurd, i think they are crazy politically. i think when the people understand that they want to maintain tax breaks for millionaires and billionaires, whose effective tax rate is very, very low and at the same time they want to balance the budget by cutting social security, medicare, and medicaid, i think people all over this country are going to say, you guys are nuts. you're really out of touch with what ordinary americans are thinking and believing. >> now,
the republican house leader wants $2.2 trillion in spending cuts. and how would he do it? republicans refuse to raise taxes on the rich. unbelievable. instead, they want to slash billions from health care, raise the medicare eligibility age and hack away billions from entitlement programs. these are their great compromises? doesn't seem like they've learned much from the election, which they lost. joining me now is senator bernie sanders, independent from vermont. senator, thank you for being...
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Dec 3, 2012
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cuts for the middle class. the latest from stephanie cutter includes a two-minute video reminding voters that the president campaign and won on that same platform. >> obama: we need to give tax relief to working families trying to raise their kids to keep them healthy send them to college, keep a roof over their heads. that's the choice in this election. >> the administration is still asking you to send in stories about what being able to keep about $2,000 more a year means to you and your family. the president is planning to meet with state governors this week and the business roundtable, a big business lobbying group. this morning fiscal cliff negotiations appear to be at a stand still. treasury secretary tim geithner says the president's offer is unwavering. we're going to let tax rates go up for top earners and republicans will have to work with that reality. >> there is no responsible way we can govern this country with those low rates in place for future generations. those rates are going to have to go up
cuts for the middle class. the latest from stephanie cutter includes a two-minute video reminding voters that the president campaign and won on that same platform. >> obama: we need to give tax relief to working families trying to raise their kids to keep them healthy send them to college, keep a roof over their heads. that's the choice in this election. >> the administration is still asking you to send in stories about what being able to keep about $2,000 more a year means to you...
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Nov 30, 2012
11/12
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tax cuts for the rich. take a listen to the president earlier today. >> a lot's riding on this debate. this is too important to our economy, it's too important for our families to not get it done and it is not acceptable to me and i don't think it is acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. >> reporter: now just minutes after that, speaker of the house, john boehner, the republican leader here on the house side of the capitol, took to the podium as sort of a downbeat speaker boehner saying that we are at an impasse here in washington in these negotiations. >> no, there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. if you've watched me over the last three weeks, i've been very guarded in what i have to say because i don't want to make it harder for me or the president. >> reporter: so, brian, as you can tell, they're talking about a stalem
tax cuts for the rich. take a listen to the president earlier today. >> a lot's riding on this debate. this is too important to our economy, it's too important for our families to not get it done and it is not acceptable to me and i don't think it is acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. >> reporter: now just minutes after that, speaker of the...